To say that the past month or so hasn't been kind to recent SPAC merger stocks would be an understatement. Just to name two in particular, 23andMe (NASDAQ: ME) has shed nearly 20% of its value in the past month, while SoFi Technologies (NASDAQ: SOFI) is down by more than 9% after an earnings disappointment. However, in this Fool Live video clip, recorded on August 16 , Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser explain why they could be smart long-term buys at the current prices.
For further details see:
2 SPACs That Look Like Bargains After Post-Earnings Drops